OVERSEA CHINESE BANKING Corp Ltd Increases Position in Mondelez International, Inc. $MDLZ

OVERSEA CHINESE BANKING Corp Ltd increased its stake in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 156.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,044 shares of the company’s stock after buying an additional 9,786 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Mondelez International were worth $868,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in Mondelez International by 92.4% in the fourth quarter. Brighton Jones LLC now owns 14,631 shares of the company’s stock valued at $874,000 after purchasing an additional 7,025 shares during the last quarter. United Bank boosted its holdings in Mondelez International by 13.2% in the second quarter. United Bank now owns 26,263 shares of the company’s stock valued at $1,771,000 after purchasing an additional 3,070 shares during the last quarter. Sei Investments Co. boosted its holdings in Mondelez International by 15.1% in the second quarter. Sei Investments Co. now owns 547,519 shares of the company’s stock valued at $36,924,000 after purchasing an additional 71,667 shares during the last quarter. Osterweis Capital Management Inc. boosted its holdings in Mondelez International by 4,470.0% in the second quarter. Osterweis Capital Management Inc. now owns 1,371 shares of the company’s stock valued at $92,000 after purchasing an additional 1,341 shares during the last quarter. Finally, Main Street Financial Solutions LLC boosted its holdings in Mondelez International by 144.9% in the second quarter. Main Street Financial Solutions LLC now owns 7,890 shares of the company’s stock valued at $532,000 after purchasing an additional 4,668 shares during the last quarter. 78.32% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on MDLZ. Piper Sandler upped their price target on shares of Mondelez International from $62.00 to $64.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. Wells Fargo & Company lifted their target price on shares of Mondelez International from $65.00 to $70.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Rothschild & Co Redburn reaffirmed a “neutral” rating and set a $55.00 target price (down from $71.00) on shares of Mondelez International in a report on Wednesday, March 25th. Weiss Ratings reissued a “hold (c)” rating on shares of Mondelez International in a research note on Friday, January 9th. Finally, TD Cowen lowered their target price on shares of Mondelez International from $68.00 to $62.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.47.

Mondelez International Stock Down 0.1%

MDLZ opened at $56.06 on Thursday. Mondelez International, Inc. has a twelve month low of $51.20 and a twelve month high of $71.15. The company has a quick ratio of 0.39, a current ratio of 0.59 and a debt-to-equity ratio of 0.67. The company has a 50-day moving average price of $58.19 and a 200 day moving average price of $57.59. The company has a market cap of $71.86 billion, a PE ratio of 29.82, a price-to-earnings-growth ratio of 2.38 and a beta of 0.37.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.02. Mondelez International had a net margin of 6.36% and a return on equity of 14.53%. The firm had revenue of $10.50 billion during the quarter, compared to the consensus estimate of $10.32 billion. During the same quarter in the prior year, the firm earned $0.65 EPS. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. Mondelez International has set its FY 2026 guidance at 2.920-3.070 EPS. Sell-side analysts expect that Mondelez International, Inc. will post 3.03 earnings per share for the current fiscal year.

Mondelez International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 14th. Shareholders of record on Tuesday, March 31st were issued a $0.50 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.00 dividend on an annualized basis and a yield of 3.6%. Mondelez International’s dividend payout ratio is presently 106.38%.

Insider Buying and Selling

In other Mondelez International news, EVP Gustavo Carlos Valle sold 3,000 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $62.00, for a total value of $186,000.00. Following the completion of the sale, the executive vice president owned 99,596 shares in the company, valued at approximately $6,174,952. This represents a 2.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.45% of the company’s stock.

Mondelez International Profile

Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e‑commerce channels around the world.

The company’s product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.